Case Study 1:Manufacturing Company

Challenge: Recently, three owners of a small manufacturing company were looking for the proper way to reduce their taxes, save for retirement, and provide a meaningful benefit to a specific group of employees.

Solution: JC Actuarial Benefit Consultants, Inc. researched the client’s business up front, and took time to understand the specific financial goals of its owners. Based on our findings and analysis, we designed a custom Profit Sharing plan that allowed each owner to contribute $55,000 of pre-tax money into their retirement plan. This plan also provided a contribution level equal to 10% of compensation to a certain group of employees, while providing the minimum required contribution to everyone else.

Results: Our custom-designed Profit Sharing plan helped the company’s owners reap nearly $220,000 in tax-deferred savings in one year, while helping them to retain their most valuable employees.

Case Study #2:
Self-Employed Solo Practitioner

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"I cannot recommend Julia highly enough. Not only did she help structure FSP’s defined benefit plan in the most advantageous manner, she proactively keeps it up to date and in compliance with all the changing regulations, which takes a burden off us. We always receive first-rate advice and extremely responsive service."